SIRIUS XM HOLDINGS INC. (NASDAQ:SIRI) Files An 8-K Termination of a Material Definitive Agreement

As previously announced, on July 5, 2017, Sirius XM Radio Inc. (“SiriusXM”) issued a redemption notice to the indenture governing its 5.75% Senior Notes due 2021 (the “2021 Notes”) to redeem all of the outstanding 2021 Notes. As of June 30, 2017, SiriusXM had $600 million aggregate principal amount of 2021 Notes outstanding.

On August 4, 2017 (the “Redemption Date”), SiriusXM deposited sufficient funds with U.S. Bank National Association, as trustee, to redeem all of the outstanding 2021 Notes at a redemption price of 102.875% of the principal amount thereof plus accrued and unpaid interest and additional interest, if any, on the 2021 Notes redeemed, to, but excluding, the Redemption Date (the “Redemption Price”). On the Redemption Date, the Redemption Price was paid to holders of the 2021 Notes and the indenture governing the 2021 Notes was satisfied and discharged.